339 total rooms. 82 suites. Located in the heart of Chicago's "Magnificent Mile" on North Michigan Avenue. The Peninsula Chicago features the most spacious rooms and suites in the city, a 14,000 square foot spa, a 4,000 square foot glass-enclosed ballroom, the Grand Terrace overlooking North Michigan Avenue and 5 food & beverage venues. Vpk, Ha, Ms, IC, AMEX, VISA, MC, DC, CB, JCB, DIS.